Aurora Mobile (NASDAQ:JG) Stock Falls 5.3% – Here’s What Happened

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG)’s share price fell 5.3% during mid-day trading on Tuesday. The company traded as low as $6.08 and last traded at $6.44. Approximately 7,461 shares changed hands during mid-day trading, an increase of 90% from the average daily volume of 3,917 shares. The stock had previously closed at $6.80.

Analyst Ratings Changes

Separately, Weiss Ratings cut shares of Aurora Mobile from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, September 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Aurora Mobile presently has an average rating of “Sell”.

Aurora Mobile Stock Performance

The company has a market cap of $38.63 million, a P/E ratio of 35.78 and a beta of 0.63. The business has a 50 day moving average price of $5.86 and a two-hundred day moving average price of $5.90.

Aurora Mobile (NASDAQ:JG) last posted its quarterly earnings results on Thursday, August 20th. The company reported $0.06 earnings per share (EPS) for the quarter. Aurora Mobile had a return on equity of 6.23% and a net margin of 1.53%.The business had revenue of $14.90 million for the quarter.

Insider Activity

In related news, Director Hon Sang Lee sold 11,470 shares of Aurora Mobile stock in a transaction on Monday, August 24th. The shares were sold at an average price of $5.55, for a total value of $63,658.50. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 31.20% of the company’s stock.

Aurora Mobile Company Profile

Aurora Mobile Limited (NASDAQ:JG) is a China-based provider of mobile developer services and customer engagement solutions. The company helps businesses and application developers communicate with users, analyze app activity, and improve mobile experiences through cloud-based tools and software development services.

Its product offerings have included JPush, a push-notification service; JAnalytics, an app analytics platform; JMessage, a real-time messaging service; and tools supporting user authentication, sharing, SMS communications, and mobile engagement.